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$252,000

NAL Estimated Property Value

538 Ave S, Shallowater, TX, 79363

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.44 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Softener, Water Softener Owned

Exterior

Lot Size6,600 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR302223
Lot Number760
SubdivisionDiamondhead Estates Ii
Land UseResidential
Legal DescriptionDIAMONDHEAD ESTATES II L 76
Census Tract010301
Assessed Land Value$45,500
Assessed Improvement Value$174,210
Assessment Year2025

About this property

Dream Home Alert: 538 Ave S, Shallowater, TX 79363! Discover the jewel of Shallowater in this stunning 3-bed, 2-bath haven, spread across 1,640 sqft of impeccable design. Welcome to a home where spacious, sun-kissed rooms seamlessly connect, creating an inviting atmosphere from the get-go. Nestle by the indoor fireplace or unwind in the master suite, boasting a very generously sized bathroom for your comfort. The outdoor space is a true showstopper, with an outdoor fireplace, a shaded patio for relaxing evenings, and a versatile workshop/storage shed. What's more? Enjoy the purest water thanks to the Kinetico water system. Situated in the heart of Shallowater, this property is where convenience meets serenity. Ready for the home of your dreams? Act fastthis stunner won't last long. Schedule your tour today and prepare to be captivated!

Investor Tools

Property Icon
$252,000
Estimated Property Value
$247,029Estimated Mortgage Balance
$4,971Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,562
$219,710
2025
$45,500
$174,210
$219,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,562
$219,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$224,358
Yes
First
May 1, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,029
$4,971
1%
98%
$1,533/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,533/mo
$-108/mo
6.8%

City: Shallowater

538 Ave S | Property Details | No Agent List